Japan: Services Producer Price Index (YoY) - All Items

Macro

2026-10-27

Description

The Japan Services Producer Price Index (SPPI) is released by the Bank of Japan (BOJ) and measures the changes in prices across various services within Japan's service sector. This index covers all items within the service industry, including finance, real estate, transportation, and information services, making it a key indicator for assessing inflationary pressures and the economic condition of the service sector.

An increase in the Services Producer Price Index typically indicates rising prices in the service industry, which may result from higher labor costs, increased demand, or other rising production costs. Conversely, a decrease in this index may suggest declining service prices, potentially due to reduced demand or lower labor costs.

This data is released monthly, providing insights into the price changes within Japan's service sector for the previous month.

Published by
Bank of Japan (Choice)
Frequency
Monthly
Next Update
Hashtags

AI Data Insight

Japan's Services Producer Price Index (SPPI) for September 2026 reached a year-on-year growth rate of 3.7%, unchanged from the previous month and in line with consensus expectations, indicating that service sector inflation remains at a high level. Driven by surging transportation costs triggered by Middle East geopolitics and strong tourism demand, the trend of corporate cost pass-through has taken shape, providing robust data support for the Bank of Japan's subsequent monetary tightening policies.

You May Also Like

AI Data Insight

Japan's Services Producer Price Index (SPPI) for September 2026 reached a year-on-year growth rate of 3.7%, unchanged from the previous month and in line with consensus expectations, indicating that service sector inflation remains at a high level. Driven by surging transportation costs triggered by Middle East geopolitics and strong tourism demand, the trend of corporate cost pass-through has taken shape, providing robust data support for the Bank of Japan's subsequent monetary tightening policies.

You May Also Like

Other Industry

Semiconductor
Display
LED
Energy
Electronics
Telecom
Emerging Tech
Macro
Description

The Japan Services Producer Price Index (SPPI) is released by the Bank of Japan (BOJ) and measures the changes in prices across various services within Japan's service sector. This index covers all items within the service industry, including finance, real estate, transportation, and information services, making it a key indicator for assessing inflationary pressures and the economic condition of the service sector.

An increase in the Services Producer Price Index typically indicates rising prices in the service industry, which may result from higher labor costs, increased demand, or other rising production costs. Conversely, a decrease in this index may suggest declining service prices, potentially due to reduced demand or lower labor costs.

This data is released monthly, providing insights into the price changes within Japan's service sector for the previous month.

Published by
Bank of Japan (Choice)
Frequency
Monthly
Next Update
Hashtags